That's total hooey. The root cause of the GSE "mess" is greed from a few rich folk trying to game the system with a legal onslaught to try and snag the profits from an unexpectedly turned around FnF. The plaintiffs contributed NOTHING to saving or turning around Fannie or Freddie... they just want to steal all the profits at the expense of the American taxpayer.
Hey Perry/Ackman/Berkowitz... "Let go of MY Fannie and Freddie you thieving #$%$!"
I think you will be amply rewarded for your long position, beyond the dividends that have already been distributed which are considerable. My comments were mostly targeted to another poster as the content should have indicated to you.
Again, compressed NG is not a challenge to Cheniere's business plan.
All shareholders DID benefit. If the government had not stepped in, common shares would be worthless, ,not $2.50 today and whatever they go up to when the warrants get cashed out and FnF get released.
No, certainly not. The TransSiberia pipeline is only a small part of China's carbon initiative to address the 700,000 Chinese that die each year from extreme air pollution in urban areas. In Japan, Abe is under extreme political pressure as nuclear power is a flash point with most voters, as is air pollution in Tokyo with 11 million residents, many of whom wear surgical masks when out of doors. The price of nat gas dropped huge percentages last year in all parts of the world, just like coal prices and oil prices were similarly CRUSHED.
So your conclusion, apparently is that these events combine to doom the energy sector for the foreseeable future? What a dope,
Sorry, shorty, but Cheniere's Cameron Parrish facility is 83.3% sold out at contracted prices so any effect will be on other producers like Dominion. Iran and Egypt have no capacity to liquify nat gas, so any supply they can sell will either have to be pipelined or merely compressed which is way costlier to ship via ocean transport. It would take 5 years or more and $ B's in infrastructure cost to bring any nat gas to either Europe or Asia.
No, that's not what Souki said on Mad Money. He stated that LNG exports would commence in Q4/15 and Train #1 would begin operating in April, 2016. There is existing liquefaction capacity at the Cameron Parrish facility.
Good luck with your short position.
What a childish, insulting post, monk/face. The guy is long Fannie, bought in the $ two's and said $4 would be a solid gain. He's right. Why insult anyone with a profit strategy that is well reasoned and on point?
You are living in a greed-driven "all-or-nothing" dream world where you will be richly rewarded with huge mega-yachts and Trump-style wealth. That kind of thinking can only doom you disappointment and a suicide watch. Fannie Mae is NEVER going to deliver a Tooth Fairy reward under your pillow. You can make $$$, here, but you aren't going to lunch with Warren Buffett anytime soon.
Hate to disillusion you with the FACTS.
Get real, dude!
Very surprised to see a normal voice of reason like jimtalkner sinking to a sam.benert level of bumping insanity. What's up with this board, today?
I think the one thing everybody agrees with in this saga is that the transparency has been NIL throughout the entire process. There is plenty of blame to go around for everyone to share in some aspect of impropriety.
As for the judgements, the numbers all roll up in the end. That's why I keep hoping for a settlement instead of a decision by some judge that, likely, will never fully comprehend the vagaries of the housing market, the economic collapse and all the ensuing jockeying since.
Ah, yes, one of those monkey "posers" that see no evil, hear no evil and speak no truth. Scram, junior.
I'm quite sure that you will be happier just playing with yourself, there, palm pilot. LOL.
Berko can ignore the crowd except for his fund clients who are hollering for redemptions and getting their money OUT. Ackman is in even worse a squeeze. That's why the two sides are suddenly playing golf. JMHO.
Any number like yours naively assumes a total win for you and a total defeat of every government position. That is never going to happen. Your $20/share figure is only remotely possible if there is no dilution from conversion of the government held warrants. If that becomes a ruling of the court, the Feds will simply pull the plug on the GSEs, rendering them worthless to anyone.
The FNMA and FMCC litigations have gone on longer than deflategate. It's time to settle the mess, divide up the goodies and move on. Everybody gets something, nobody gets everything and the problems go away, at long last permitting a discussion of reform vs. recapitalization.
Great move, froggy. You should get all your news from Fox Business from now on. Yeah, Rupert!
Yeah, so what is the difference between AIG warrants and FNMA warrants? There is also a huge difference under The Federal Reserve Act in equating a financial institution such as AIG with a GSE that has no banking function, only a reliance on the largesse of Treasury to function as envisioned. Right?
Good post. The deal is done. $4.00 puts it to bed and life goes on.